Citing human rights, HSBC bank to divest from Israeli arms developer Elbit
HSBC sources confirmed to The Post that the bank, said to be the seventh largest financial institution in the world, had divested from Elbit, one of Israel's largest developer of drones.
Huge congrats to our friends @WarOnWant and @PSCupdates who have succeeded in their campaign to get HSBC bank to divest from war profiteer @ElbitSystemsLtd #BDS https://t.co/XP4ajZNO4n— JewishVoiceForPeace (@jvplive) December 27, 2018
Elbit Vice President David Vaaknin said the company has received no official confirmation from HSBC regarding any decision to divest.
HSBC has also not posted any policy change with regard to Elbit on its website.